ILL UPVOTE 100%!!! Draw out the time line. Time line must include all cash flows stipulated in the problem occurring at the time period stipulated in the problem.

On the time line, include arrows indicating the compounding or discounting of cash flows to the desired time period.

Under the time line, hand written explanation of your plan to solve the problem.

Suppose Chris starts saving in 3 years from today. He will save $20,000 each year for 6 years (until the end of year 8). Then he leaves that money in the same account until the end of year 10. How much will he have saved at the end of year 10 if he earns 4.3% interest